There is a huge difference in the difficulty calculation. Obviously this hashrate is a spike only - where it settles in the long run is a big question.At least now we will see which difficulty retarget mechanism is more efficient.

There is a huge difference in the difficulty calculation. Obviously this hashrate is a spike only - where it settles in the long run is a big question.At least now we will see which difficulty retarget mechanism is more efficient.

Yup. The bid will have to keep up with the difficulty (if it doesn't, miners jump off, and with bitbar the difficulty should retarget pretty quickly, which should hopefully keep it in the game to some extent).

Also, getting on an additional exchange at some point would help out as well no doubt. Beyond that, it's just whether folks take to BitBar...slow and steady should win the race there....not crashing and burning like FC.

Let's see where Royalcoin is a week from now. IMO it's the next CHN and not doing even half as well. Look at the buy orders for it, bunch of people are offering 1-5 LTC for 1K RYC. That's JunkCoin territory lol.

Bitbar is premined garbage, 70% of all bitbars were created in the first 30 mins. Scam scam scam.

RYC network hash rate was over 2gh then someone decided to ddos the pools. They just can't handle the explosive growth

Umm... RYC had a block reward 5x the normal rate for the first 500, and that likely went to 1 or 2 miners, as a GPU can chew through 100s of blocks per second at such a low difficulty. We will see when a block explorer shows up. So it's also premined garbage by your logic.

Bitbar is premined garbage, 70% of all bitbars were created in the first 30 mins. Scam scam scam.

RYC network hash rate was over 2gh then someone decided to ddos the pools. They just can't handle the explosive growth

Umm... RYC had a block reward 5x the normal rate for the first 500, and that likely went to 1 or 2 miners, as a GPU can chew through 100s of blocks per second at such a low difficulty. We will see when a block explorer shows up. So it's also premined garbage by your logic.

It is in fact so groundbreaking that you won't go into it. Yep. Groundbreaking instamining of 80% of the Bars at 0 diff with massive block rewards for the first hour. I agree, BitBar is groundbreaking! It's a groundbreaking scam that since launch has spread to new coins. Congratulations if you were part of the inner circle that minted 2000 BTC in 1 hour to dump on people!

Completely false, I started mining around block 100 and the rate was 1 block was found on the network per 3 seconds roughly.

And the 5x block reward is NOTHING compared to 70% of all bitbars being mined within 30 ins. That coin is a joke and a half.

Taking block rewards into account at least 375000 RYC were mined during the first 30 mins actually, and how many are in circulation now? At ~5700 network blocks at least 50% of current circulation were mined within the first hour, and block rate has gone down massively since due to quick difficulty adjustments.

Bitbar is premined garbage, 70% of all bitbars were created in the first 30 mins. Scam scam scam.

RYC network hash rate was over 2gh then someone decided to ddos the pools. They just can't handle the explosive growth

Umm... RYC had a block reward 5x the normal rate for the first 500, and that likely went to 1 or 2 miners, as a GPU can chew through 100s of blocks per second at such a low difficulty. We will see when a block explorer shows up. So it's also premined garbage by your logic.